UAE Non-Oil Business Activity Surges to Nine-Month High in December

Image
 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...

UAE astronaut completes one month on the International Space Station

 

UAE

Sultan Al Neyadi, one of the first two astronauts from theUnited Arab Emirates (UAE), has completed one month on the International Space Station (ISS), which involves five space agencies: the United States NASA, Japan's JAXA, Europe's ESA, Russia's Roscosmos, and Canada's CSA.
The Emirati experienced astronaut has spent much of his time doing maintenance work and complex science investigations at ISS.

He went to the ISS on March 3. The UAE astronaut launched into space with three other Crew-6 members on a SpaceX Falcon-9 rocket on March 2. On March 14, he wrote on Twitter, “No matter where I am in the world, my path always leads me home. And even from Space, the site of our beautiful country takes my breath away every time.” He shared his first photo of the UAE from the orbiting laboratory. Last month, he spoke with the UAE public during a series of live calls from the ISS. Salem Al Marri, director general of the Mohammed bin Rashid Space Centre, lauded his efforts. 

The Emirati astronaut is expected to work on over 200 experiments and research work by US NASA and various UAE universities. He has been assigned to study human heart tissue as part of his research.
His journey into space will be six months. He is the first astronaut from any Arab country to spend six months on the ISS. He is expected to be in charge of doing scientific work.
He is expected to complete the work assigned to him by Nasa, the Mohammed bin Rashid Space 
Centre and other 19 UAE universities. According to The National, he can also perform the first spacewalk by an Arab astronaut. 

Sheikh Mohammed bin Rashid Al Maktoum, the vice president, prime minister, and minister of defence of the UAE talked with Sultan Al Neyadi in March through a live video link-up on Nasa TV.

Comments

Popular posts from this blog

Enhancing Relationships: Sheikh Khaled’s Trip to India Signals a New Phase of UAE-India Relations.

UAE's Enduring Legacy of Generosity: New Initiatives Highlight Global Humanitarian Efforts.

The UAE's AI Ambitions Get a Boost with Nvidia Chip Approval: A Game-Changer for the Gulf Region.